The bank offers a certificate starting from EGP 100,000 with increments of EGP 1,000, yielding 22% monthly instead of 20%.
The AfDB outlined that this package consists of a $10 million line of credit with a 10-year tenor, a $90 million subordinated loan with a 10-year tenor, a $32 million trade finance line of credit with a 3.5-year tenor, and a $16 million trade finance line of credit from the Africa Growing Together Fund (AGTF) with a 3.5-year tenor.
Visa and CIB join forces to empower women-led businesses in Egypt through the 'She's Next' initiative.
Commercial International Bank (CIB) shares surged by more than 14% in minutes during Thursday's closing price auction session at the Egyptian Stock Exchange
Abaza has an experience of more than 30 years in the financial services industry — including both commercial and investment banking — and is well-known in the global financial community.
